Bridging Finance
Auction Finance
Your Auction Finance Funding Solutions
Unlocking Opportunities with Auction Finance
At Empire Global Finance, we specialise in providing swift and reliable Auction Finance solutions, empowering investors and buyers to seize lucrative opportunities in the fast-paced world of property auctions. With a legacy of excellence and a commitment to client satisfaction, we’re here to guide you through every step of the auction process with precision and expertise.
Understanding Auction Finance
Pre-qualifying for Confidence
Key Features of Auction Finance
- Fast Loans: Designed to meet the tight timelines of auction houses.
- Flexible Financing: Loans starting from £25,000 with no maximum amount.
- Competitive Rates: Auction Finance rates starting from 0.4% per month.
- No Exit Fees: In many cases, Auction Finance comes with no exit fees.
- No Valuations: Avoid the hassle of valuation reports in many cases.
- Free Legals: Some lenders offer free legal fees, ensuring cost-effectiveness.
- Up to 100% Finance: Access up to 100% Loan-to-Value (LTV) (subject to added securities)
- Versatile Terms: Terms ranging from 1 month to 2 years for added flexibility.
- Nationwide Coverage: Available for any property type in England, Scotland, & Wales.
Navigating the Auction Process
Research and Plan: Identify target properties, assess potential profitability, and analyse comparable properties to make informed decisions.
Provisional Acceptance: Secure pre-approval to understand available finance and boost confidence in bidding at auctions.
Winning the Auction: Attend auctions with confidence, knowing your finance is in place. Upon success, pay the required deposit and proceed to complete the purchase within the designated timeframe.